Forex Trend Analysis Report
Prepared for you on Wednesday, March 22, 2023.
Polish New Zloty/Swedish Krona (FOREX:PLNSEK)
Sidelines Mode (+55) - PLNSEK is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid PLNSEK?
MarketClub looks at technical strength and momentum to determine if the timing is right for PLNSEK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PLNSEK
The long-term trend has been UP since Sep 23rd, 2022 at 2.30515
The intermediate-term trend has been UP since Mar 7th, 2023 at 2.39060
The short-term trend has been DOWN since Mar 20th, 2023 at 2.36760
Smart Scan Analysis for PLNSEK
Based on our trend formula, PLNSEK is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).